Official (government-to-government) lending is much larger than commonly known, often surpassing total private cross-border capital flows, especially during disasters such as wars, financial crises and natural catastrophes. We assemble the first comprehensive long-run dataset of official...

The strong interdependence between the developed and developing worlds surfaced with the recent economic downturn. Due to the global character of the economy, the downturn affected not only the North but also the South. In addition, the Official Development Assistance (ODA) is subject to a...

Following the financial crisis that broke in the US and other Western economies in late 2008, there is now serious concern about its impact on the developing countries. The world media almost daily reports scenarios of gloom and doom, with many predicting a deep global recession. This paper...

Dans cette recherche, nous tentons d'évaluer les effets de la crise économique mondiale de 2008-2009 sur l'économie sénégalaise. A l'aide d'un modèle d'équilibre général calculable statique, nous mettons en exergue les principaux canaux par lesquels cette crise a pu se transmettre à...

A crisis is a terrible thing to waste, and nowhere is this truer than in the arena of international economic policy cooperation. With the world facing the largest and most synchronized plunge in output of the postwar era, policy makers banded together to find solutions. This paper looks at the...

Official (government-to-government) lending is much larger than commonly known, often surpassing total private cross-border capital flows, especially during disasters such as wars, financial crises and natural catastrophes. We assemble the first comprehensive long-run dataset of official...

Exemplifying the negative consequences of a variety of inappropriate fiscal and social policies, Zimbabwe has failed to realize its potential to become a strong, independent state, going from the admiration and envy of its neighbours to near-complete collapse and abject poverty. Economic...

The objective of this article is to provide a clearer explanation of the current political and economic crisis in Madagascar which can form the basis of action to addressing more effectively the growing needs for assistance of the majority of the people of Madagascar. Its key premise is that the...

This paper analyzes bilateral foreign aid flows over the period 1973-2010 to investigate whether the gender composition of legislatures in donor nations affects the aid response to recipient country crises. Our findings suggest that donors with higher shares of women in office provide larger...

This paper estimates the likely consequences of the financial crisis on aid budgets. It uses two different approaches. First, past financial crises are used to compare aid budgets between countries where a crisis broke out and those where it did not. It is shown that a financial crisis not only...